{"iri":"http://lmss.sali.org/R9ejVFO48SQK7NinELTfoTP","id":"R9ejVFO48SQK7NinELTfoTP","label":"Credit Union","definition":"A credit union is a member-owned financial cooperative that provides traditional banking services, including accepting deposits, making loans, and offering other financial products to its members. Unlike banks, credit unions operate on a not-for-profit basis, returning profits to members in the form of lower loan rates, higher savings yields, and lower fees.","prefLabels":[],"altLabels":["Cooperative Bank","Cooperative Financial Institution","Member-Owned Financial Institution"],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/R8CdMpOM0RmyrgCCvbpiLS0","label":"Actor / Player"},"parents":[{"iri":"http://lmss.sali.org/R9TyJ8yqLicto5rFa8puek4","id":"R9TyJ8yqLicto5rFa8puek4","label":"Bank"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R9ejVFO48SQK7NinELTfoTP/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}